Leadership & Pay ·
Southwest Airlines Co.'s Compensation Committee approved changes to annual base salaries and long-term incentive…
LUVSouthwest Airlines Co
Southwest Airlines Co.'s Compensation Committee approved changes to annual base salaries and long-term incentive opportunity targets for certain officers, including named executive officers, effective August 15, 2026. The Board recommended and independent directors approved a salary increase for CEO Bob Jordan. The Committee realigned executive compensation with the average total direct compensation of American Airlines Group Inc., Delta Air Lines, Inc., and United Airlines Holdings, Inc., citing transformation success and retention risks. Approved base salaries include $1,225,000 for Bob Jordan, $815,000 for COO Andrew Watterson, and $805,000 each for CFO Tom Doxey, Chief Commercial Officer Justin Jones, and Chief Customer & Brand Officer Anthony Roach. Long-term incentive targets range from 500% to 1200% of base salary. Southwest Airlines Co. operates in the airline industry, providing domestic and international air transportation services.